Part VI of Subchapter P of Chapter 1 of Subtitle A of the Internal Revenue Code, relating to treatment of certain passive foreign investment companies, shall not apply.
Cal. Rev. & Tax. Code § 18181
General Rules for Determining Capital Gains and Losses
Added by Stats. 2005, Ch. 691, Sec. 40.5
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.